A recruiter found me on Linked in and said he was impressed with my resume and feels I am qualified for a position again like everyone else I asked for more information and very vague did he explain to me the concept of this company. The following day, the ex-financial advisor disconnected with me on LinkedIn and I have not heard from him since. I dont mind. This was an immediate turn off for me. Sell any and all medications over the world. Im not in huge need of anything, Im just exploring my options. Very creeped out. Multi-level marketing is not a business. Its not for everyone! Also this was my first job interview, as Im a student. She never called me back or contacted me again. Any company that loses over 220,000 reps/recruits per year (Can/US) either has a recruiting issue, or a job quality issue. Becoming a Primerica rep requires you to pay a $199 (now $99) fee and highly recommends paying a $25-a-month fee for access to Primerica Online as noted . Primerica Debt Management How Can You Make Money With Primerica? Telling people they are lazy and that you are filing complaints, get real and get a grip.To the guy who posted the God, stuff, God also put greed as a deadly sin. I would advise this company to improve its product and recruiting tactics to avoid getting continued poor publicity. Primericas site is for the people they con into buying insurance. Hilarious response. mail in a letter with your info, we will give you a call. He was strange, deceptive and refused to answer why he supposedly left this well-known company which had me a bit concerned. I felt that it was a pyramid scheme, but was trying to support people in my community, especially after dealing with a traumatic loss of a family member, who didnt have a policy. She also said if I fit for the position I would need to plan on staying longer to go over more information. You will lose the business and the friendship. I was in Primerica back in the early 90s when it was called PFS (Primerica Financial Services). She stated that it would be for the Fort Lauderdale office but that more locations would be opening. I graduated from college last month and primerica does prey on with people who are unemployed. Needless to say, not going. He finally mentioned he was on the phone with primerica and he was conducting an interview now Very weird so I blocked evrythhng and said no sales. The fact is, it takes a good person to spread good, there are many jobs out there that are good with bad people running, working for them. So excited that I had an interview yesterday!! I feel so bad and my heart bleeds how mich i lied to the community and friends and sold them something they dont stand for . He signed on right there because he was impressed with their house. Primerica is a financial services company that states it's mission is to help underserved communities gain access to top level investment and insurance products.. They are in business because our government allows multi-level marketing companies to operate. im gonna go here them out this Saturday and let them waste their breathe. The guy on the phone was super nice and seemed waaaaay too eager for me to come in, especially since I told him up front that I had no financing background. I noticed other people my age, mid-20s, walking into the office fronts around my destination. I had a bad feeling so I googled the address. That fact in itself should be an embarrassment to any organization, requiring immediate action. Fortunately, my paralysis didnt last long. This is just like Aimway, they make you sign up and promise you, you will make money fast and easy. Lesson learned. No amount of money could fill the hole that would leave in me. (unlike this whole description of events, I kept things brief) She told me to wait in the conference room as she grabbed the other woman who had come in to interview her. Clearly if one can do that for another, one should be able to pocket a nice income Once she quit her little dissertation on the gap between the upper class and middle class and how the middle class can become upper class with our help, she told us to wait as she brought in the guy who had written the review for the company (5 stars. His BTW came out his wife works for DTE because he says during this interview I always tell my wife after 10 years of her working for dte she will be able to retire and be a stay at home mom like her dream and that is soon, SO I ask, Do you work there during the days and at which location She tells me and says Oh this is just my side hustle everybody has to have at least one, I used to do make up and hair, weddings and birthdays, blah blah blah. Agents make outlandish income claims that consumers can make more than $1,000 weekly in the scheme and earn bonuses of tens of thousands of dollars. Google what youd like but do you really think Google, a company who makes money by sponsors is more accurate than the companies that investigate for the NYSE? The insurance of Primerica is a company that is only said to scam people, using the method of false information, I have been 7 years with this life insurance and I am trying to cancel it because every year they are raising the price a lot, and tried to cancel and they are collecting my savings that I have in this policy, Last year I sent my cancellation letter and they do not want to cancel my insurance, I will have to ask for help from the government of *******. * Mercedes sells their cars at inflated prices, are you going to do an web post on them next? At first I was questioning that, arent you supposed to use a business card? Pyramid schemes, on the other hand, need you to pay a fee and/or purchase products and services in order to participate and earn income. What a joke. So when I flat out asked for a job description, he said that the company was branching out from neighboring Moncton, and because of this they would require an office manager. When i asked for a website he diverted the conversation to something else. Thirdly, in a real job I wouldnt be so terrified that the person would think its a scam and I wouldnt care if they came on board or not. You are effectively a franchisee paying a franchise fee plus a percentage of your profits to the tier above you. I am considering doing Primerica, but I am first doing my due dilligence. All in all, the research done prior to the interview was useful as some claims from the internet with regards to fake interviews were true. He asked me for my number so that he may call me later, I provided it, and then after he decided to instead just ask me to come see him tomorrow. They really helped me make up my mind. 8 Controversial MLM Schemes To Stay Away From. It is generally legal, regardless of the fact that so many have no chance of turning a profit in MLM. I have never worked in the financial industry before so I did not know what to expect. I was actively looking for a job two years ago for Customer Service position. Such a shame. The wife was still skeptical of the entire thing but being a good wife she was supporting her husband. Primerica provides term life insurance at a price that's quite affordable to most families. I posted thatI was looking for a job and got offered an office position. When I asked about the specifics of the job, they were incredibly vague and spoke super fast. Throughout the presentation I grew more and more skeptical. He gave his spill bout himself first then went on to explain how things work. This place is a joke, dont waste your time or money on them. Well guide you through the process. Now, though, I felt different. Thank you for this information. Got approached at a random target by a lady commenting on what I was wearing not a job. Let people make their own decisions. This guy has spent 30+ years of his life working for a company that promises VERY SIZABLE returns but delivers very little. Sooooo after reading all the comments, I will NOT be going. The business of Primerica Reps is recruiting other reps. Pyramids are illegal and would NOT be listed on the NYSE. The SEC found that PFS Investments Inc. had failed to have in place effective policies and procedures to follow up adequately on three complaints received about the Dearborn registered representatives, "selling away" activities. Her last attempt was to try and sell the financial services to me. The main product Primerica offers is Term Life Insurance. Thank you for the information. I was also approached at a mall with the same story. They provide financial education and sell products through a network of individual associates. Just googled to know about the company and landed on a right page. This business is in a unmarked building near a woods, although that was scary enough I reasearched and found this. Its a churn and burn- they will hire ANYONE who can pass a background check. When I told her I was not looking to invest in a life insurance plan and proceeded to attempt ending the call, she said but you have a daughter. The stock in Avon has dropped as well, below $10 a share. There are bad people in ever field of work, the financial industry is no different, which is why they have strict rules in place. Humans are not numbers! And he also lied and said that the manager at the store that night was meeting up with him also but come to find out she doesnt even know him let alone talked with him about the business he trying to recruit us for. People who smoke, have a poor . If youre reading from the bottom up, pay close attention to what Tom (June 2014) & Anonymous with Accounting Degree (January 2015) have to say. Why would this kid go into a financial holdings company, with a leather-bound notebook? I returned her call on Monday and it was all very vague. She said she wanted to talk to me about something she & her boyfriend, someone I also know, were doing, and wondered if I would be interested in going to a little meeting at her office. The plates say something like A-TEAM. And many join daily as new agents. It calls back the last received call. Thank goodness I didnt fall for that crap. he never gave me the company name just the address and I thought it was a company I applied to on indeed but it wasnt as soon as I got there I seen on the door primerica then I turned around and went home my friend told me about them its like a pyramid scam they want you to put money into their business and promises you will make money. And, how come there stock is listed on the NYSE? He picked up the phone and began to dial but I noticed he pressed *69 first.. what, he was blocking the outgoing #?? Conversation went out and he tells me he likes my personality in which Ive been told many times over. Will do anything to hire people. Please look up elizabeth warren cornering the president !!! If this is not deceptive, what is? So, I got up & left to find out who that company was. Tracy you cant help others unless you help yourself first. Then I looked up Primerica and this lovely blog popped up. OmG people you are not making a difference commenting here report it to the BBB online or phone I did . It unfortunate that anyone that has been told that theyre having a job interview and later feel that they got taken. In essence, 95% of their force starves while making the top 5% rich. Would rather wait for another job. Real estate is a legitimate industry that is based on the sale of something real. He has not even achieved the top position. Id really like to figure out if it is the company that is the problem, or just some of the people in it. Al? she asked as she reached a chubby, wrinkled hand out to me. Just went to one of these sad displays lst night got dragged in by a friend. He invited me to go to an event of some kind, and I agreed. Thing is I have a nose for pyramid schemes and multilevel marketers, so my radar was going off right away when I heard all the generalizing. He didnt even walk me to the door, shake hands with me, give me a business cardnothing! They went through my Finances and sorted them all out and gave me a plan to pay everything off in a pretty cool schedule/plan. I must add that I made the mistake of giving these people my SSN but it for before I figured out it was a scam. I met with him and the regional Vice President yesterday and he took me out to lunch after the meeting. From what Ive read, I think I am passing on my interview this week. I asked for a camp name twice she mumbled PCC really fast so i couldnt catch it. I wasnt really looking forward to more training in the morning, but figured with the scared-looking new teenage recruit coming, John would at least be in his jovial, upbeat mood. They work as a middle man for various insurance and finance industries and get people to join through advice and supporting main street. The so called reps for Primerica find other reps and potential customers and they get a commission on it. This deceptive practices should be reported. Does How the Company Works Show a Pyramid Scheme? ?, Dont you want to own your own business?. Oddly enough, the guy who put up the review had the same last name as the woman who called me to interview. *69 doesnt block the outgoing number. Yes There are 76 helpful reviews 76 No There are 37 unhelpful reviews 37. No, Mercedes is not the same thing as multi-level marketing. Oh well I showed you the PowerPoint and video?? Cant there be commission only jobs? But he had no idea who. . I just wanted to voice my opinion. I Started a policy with Primerica in 2018, against my better judgement. If Im not doing something productive Id rather be at home sleeping and spending time with my husband. They asked about my work situation and I told them that I got a job a few months ago. It was all a bit creepy and unlike anything I had experienced. I am now on the A-TEAM, she says, a daring-do group of financial managers that will change the world. A huge amount of life insurance agents have their life insurance with Primerica because we sell the best product for the least amount of money and we know how to show you what you are getting so you wont be fooled by a scammer. Absolutely disgraceful that there are companies like this out there. Thats illegal. I replied BJs (actual restaurant thats very good). He said well if someone were to tell you i can supply you with all the equipment to cook, but you would have to build your own client tale it wouldnt do to well right off the bat right? i said agreed then he replied well thats what i can help you with. A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products.As recruiting multiplies, recruiting becomes quickly impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal. Thanks guy- I am happy I did not fall for this prank. Thank you, I texted her your web blog and stated I WILL NOT BE SHOWING UP. Almost everyone involved in MLM is guaranteed to lose money. I had really lost interest by the time he had gotten to the bottom of the first page. When I ask again what is the role of being a customer service to the company, all that he is saying was that I will be talking to their clients. I didnt follow those steps due to a time constraint but thanks to your comments I know I will be making better use of my time! He said there would be training and thats what my friend was getting into. I dont want to be one that consciously rips off or gouges people. I just didnt understand.. when they hired me on they told me that referrals would pour in and we never cold call.. in fact the company prohibits it! complete with fake hearty chuckle. Before you try to pick apart or look for excuses not to be a recruit, maybe you just dont believe it can work or its you you dont believe in. I made a decent living $30,000, but its much harder than most people even imagine and it truly does require that you do oodles of prospecting. I really went in to the sales pitch thinking I was going to interview for a position as an IT guy for a small regional set of offices. I also know another person who has been doing it for 10+ years now and he doesnt make much at all. Many, many years ago, when it was A. L. Williams, I was approached, and even attended one of their informational sessions. Both part time and full time. Ill text the woman tomorrow to cancel since she made it clear that she had her phone on 24/7. You are not your own boss if you have to hand over your personal contacts to your Primerica rep and get no pay for having to attend their training and info sessions. I was contacted by Dianne by phone from the Cheshire, CT office and told she was hiring people to not sell financial products, but to instead perform interviewing and other support functions, as they planned to expand with 20 offices. The other woman never shows up. You can certainly shop around for better than what Primerica offers. They saw my FB updates about needing a little more income to start some entrepreneurial type things I was interested in. The rep asked my questions, saw I am a good person who likes helping people, and told about Primericas business of helping people. Important Mutual Fund Disclosures @Tracy Coenen take a look at your life seriously baby girl because youve been mislead all your life and its time to wake up for real. She gave very vague answers, told me her secretary referred me and that she worked for a financial firm looking to hire about 20 people to work as trainers. And thats why I have not fell prey to their scheme of getting people to recruit. He called at 3:22 left a voicemail asking if I was having trouble finding the office. Last week I was approached at my job by two people. They are legal, but unethical. Dont confuse this with a real business. No mention of the office manager position the other man had offered, so I decided not to bother bringing it up. The outdated nature of your claims constitutes libel until corrected. As far as positions, I havent even met you yet, how could I know what youre qualified for? Listening again.. You dum assess are just to lazy to change the direction your lives are going so you stay working for toll plazas or write articles like this fat bitch. He launched into his clearly rehearsed and scripted talk. I have just been called by a lady in Puerto Rico to show up for an interview for a job in Primerica. My initial interview appointment was a positive experience, but the compensation structure (or lack thereof) was raising red flags. It all felt very sketchy. I asked what does this have anything to do with life insurance, or a job? As they were talking I was looking up scam reviews and saw 160 on another website. These companies actually have them sell their products. So glad I did! I do not have time to deal with a scam. They just tried taking a mortgage out for half a million and the bank denied them because neither of them have a real job or make enough money. Heres this site. Scum Bag Scammers! Also, there is nothing on my LinkedIn profile that indicates I have any financial talent. So of course I gave him my number. I got a random call from a guy name nico saying that I was referred to them and they have a job opening and I could scedual a interview for me and that I should come dressed business causal and come on time because he is a busy man. When called at home, I got a vague assurance that I would be a good fit. I find it odd that a company that hypes fancy cars, unlimited incomes, and financial independence has a sales force where 99% earned less (and way less) than $50k during any single BEST 12 months, BEFORE EXPENSES. I wasted a month of my busy life and thankfully, I already maintain a good internship at a wealth management firm and did not leave it for such stupidity. But I again dismissed the thought, feeling a bit guilty for doubting John. if you dont have the internet, you hear about my place. Primerica just needs to do everyone a favor and be upfront about the type of business it is. I am suppose to have an interview tomorrow as well. I have another so called meeting tonight with him. Goodness gracious thank you for the comments, almost went to an interview. Just got a call myself from George saying he was with a booming company called Primamerica and he found my resume on CareerBuilder. I figured she hired her son to do her social media campaigning and he was just barely starting/lazy. There were 10 or so young men dressed nicely milling around. Proceeded with a few more questions before telling me she and her husband ran a small business. So I got a call from the so called vice president of the company, mentioned they were seeking to hire many individuals due to expansion. When I walked into the office with them, there were a ton of chairs positioned around this little stage, with some type of intermission-like video showing and loud remixed music playing. I just went on a interview yesterday June 22nd Over the weekend my family and I went to the Disney store to get my daughter a present and as I was shopping with my daughter my husband sort of stayed behind with my son, my husband was standing over to the wall when a pair of ladies came over to him and started saying oh how sweet your daugther looks with the princess out fits and how she has 7 kids at home and yada yada, my husband was clearly uncomfortable since he did nothing to start the conversation, he started to walk over my way and they followed him towards me, the older lady asked me if I was working and I said no, im a stay at home mom she seem put off by my answer and then turned to my husband and asked him the same question, to which he answered Yes, Im a plumber she made a coment and dismissed the reply by saying that she had a better opportunity for him to make money. Why dont I just go for this so-called interview, gather the information they want to give me and make my own decision as to if its something I want to do or not (like Charlotte did). I am sick thinking that I signed something that I didnt read, gave her my social security and address. She then insisted on calling me on Wednesday to remind me of the appointment and said I was lucky because the vice president would be there on Wednesday -_-. I am unemployed and the guy on the phone made it sound so good and easy to earn some extra cash. Thank you all for clearing my skepticism up, time to block Mr. Jack. With a one-time fee of $99 and a monthly fee of $25, you can make more than your startup cost in less than a month. 6. last and least. They prey on our natural vulnerabilitis and at anytime any of us can find ourselves being lured in. You can get a reasonable life insurance plan as a AAA member and should deal with a real bank or well known investment firm with your money, people! If someone approaches you with any opportunity of any sort, and they are not willing to divulge the name of the company, then run as fast as you can! He then scheduled me the day after, which after these comments I intend at missing again. He never mentioned an upfront fee, but if he does Im done with these. As I read these comments, I am curious as to if the author took the time to do a THOROUGH investigation of this company. Thats why they havent been charged. Then she texted me and asked to meet her this week for coffee. But like all of these MLM businesses, its not set up for money to be made through only selling the product. Anyways, Im cancelling that visit and now im off to the bank to change my debit card number to be safe. You have a manager a supervisor and an employee. Its a good thing Im not stupid and always look up companies before I contact them. Even though the warning that you cant believe everything on the Internet is certainly true there are sites like this that give the true accounts of people who have been there, done that, and you should take heed. I ALWAYS check out a company before interviewing so after reading the above information, I gracefully declined the interview. I was the first one there so I put the lights on and tidied up a bit. I actually had to call my friend to ask what the position was and he said its something to do with sales.. The problem is that he had been doing this for so long, he has no other value in the marketplace. never said what I would be doing . As far as heightened prices if this is the case how is it that their clients save money on the services? Took a few days of being put off, appointments came up, etc, but finally we were sitting in his office, my stack of resumes in front of him, me sitting eagerly poised to take notes. I think Jorge is actually Donald Trump. So the First 20 minutes seemed normal, but then it got suspicious. It would be too painful to add up all the hours, dollars, and gas I had so far invested into this business. I need legitimate workdont toy with me. I am bewildered that a casual lunch chat turned into an application, job interview, explanation of the job (in that order), and finally my being hired. I was irritated. I am so tired of these scammers connecting with you and then giving you a sales pitch. Now YEARS later Im getting calls from them. I barely spoke and Im on the good side of the manager. PLEASE DONT GO. The lady that answered, said Prime America, how can I help you. I asked who the person was that referred me and the lady laughed and then said a name, and i did know someone named that but i hadnt talked to him in a year. She has put no pressure on me, and she first spoke to me about the companys functions, as if I were wanting to be a client with them,m and then we discussed the business end. 24 hours later he still hadnt responded. Do your research people dont fall for pyramid scams. As soon as I was better he wanted to meet that evening or would tomorrow be better. They use the classic BAIT and SWITCH for everything they do. I caved and spoke to her, trying to ask questions about the job but she was extremely vague and told me that she was having a training next week and invited me to come along. I ended up seeking out one of the young men and telling him I was there for an interview with Mr. Blah Blah. Long-term care insurance Personal Finance vehiclessuch as mutual funds, managed investments, annuities, and business retirement plans. I knew that a job selling insurance wasnt really up my alley, and my intention was to leave the first opportunity I got, but that opportunity came when they asked me to put down $99 for an investment licensing class.